Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NNNOOOOO!!!!!!!!!. Glad got out of my bear position. done for the day. Need movement one way or another to get back to edge of channels. I will just watch and guess!!!! LOL
VXX moving slightly up as SPY moves up, SPY ready for DT?
Something to think about, What is the market going to do EOD, are the shorts done covering and we have some friday take some profits off, or do we push higher like last night? I am clueless, LOL no moon here
man that annoys me, lol!!
appreciate the chart and opinion, I will be adding a little at a time, am looking at the RSI that says market needs another rest period i.e. down day
still holding my bear position, if it goes a little higher will add
yep, give it a couple of more days and we will get the drop. I actually want it to go a little higher, tighten that spring even more for the drop. I will just keep adding till then. Have a good evening
nice job, my holdings are related to the VIX more than anything so these crawl up days do nothing. Just glad we finally got near the tops and bottoms of some of my channels to start getting back in
agreed
now it has to fight down thru the mush of this morning. breaks thru 205.20 area it should fall hard to 204.6 thats my guess!!!lol
it is that fear out there that makes me watch VIX so closely. we are now in that "dead zone", the 12:00-2:00pm where no vol and slow moves. seldom trade here
looks like may be busting up to new HOD
I am looking at the VIX over the last 20 days when it goes below 17 The market has turned south. And my bear position is in stock so I can wait till the beech does what I want
absolutely agree, that is why my positions is small, but you don't make money on the dips and rips if not in. If it runs past 206 will start to average down on my bear position.
just entered a small (Very small) bear position. VIX starting to creep up. a little turn may trigger profit takers
I love it, taking small bull and bear positions at the limits of the channel for the last 2 weeks. doing well. NOOO options as the volatility eats them alive and I suck on intraday charts
I have a couple of smaller cap oil that I trade, but not now. I believe oil will go back down, and take oil stocks with them.
206 will kill the run, hit that area twice recently adn stopped on a dime, triple top with reversal, just my thoughts. will start loading bear positions
If it STAYS BELOW will be the telling part, I am sure many of us where thinking a down or slow day was coming if only to allow the market to "rest" for its next move. appreciate your input.
As the market does, back and forth
from your chart I see 206 as major resistance, if it runs past, bullish, failure and we go back to 198. kinda surprised you say 220 with your own charting saying we are going to hell in a hand basket. Is there something I am missing. Am not being sarcastic, just my charting at times can suck and would like to keep focused. thanks
looking for a slide to arround the 100 physiological bottom then looking for a vol spike for reversal, same as what happened on ABBV news. This is a bank ready to open its doors with a person handing out hundred dollar bills. gl to all
that is what I was just looking at taking this down to the 203.40 area
Nice job D-man!!! you are on a roll
am looking at puts also, waiting for SPY to get a little closer to 204
UPS beat on earnings, nice indicator for consumer spending.
still holding my bull positions.
good info, appreciate it much
they are already expected to report less than spectacular earnings so I don't see it as a big deal.
good morning all, in Charlotte NC headed to hilton head SC for 5 days of golf. Good run yesterday, took a small feb 197 put position to cover my long term bull position in case the GDP number is bad. Morning premarket says good thing I did
yep. hit it twice on the way down towards EOD yesterday and area of resistance this am. breaks up and it will run
too much indecision for me to play options yet. confirmation above 200 would be nice.
I just bought at 199.60. If it continues to go down will add more arround 195-196. and again at 190. Once the stock turns back up, when my overall holdings turn green will add more and set stop to maintain profit. Hope this helps. It did sound confusing. Averaging down toward bottom, and load for the rip
I look forward to any criticism, whether positive or negative from this board. Makes us all better traders. I use the shotgun effect by a full time trader with about 20mil in his account. "make no money on rips if you are not in". He starts to put a little at a time when stock reaches the edge of its channel, adds to it if it continues to go down, once turned he adds when green and uses trailing stops to follow back up
IWM is not moving down much at all and the dow is positive. I see ppl tempted to get back in. saw the same in previous dips when got towards bottom.
true, I just look at the 100 ma and it has hit it so time for me to get in. Will add as it goes down if it does, looking at GDP report tomorrow as a catalyst either way cannot make money on the rebound if not in
took a small bull position.
good morning all, looking at the 6 month daily charts for SPY and TNA both are hitting the 100sma. only once in 6 months has it broke much below that and that occurred in the Oct dive. Just some food for thought. premarket showing a little weakness. several of my watch list at the bottom of their respective channels so will be looking to start long bull positions in small increments.
what a great trading day!!! Talk to everyone in the am, good job to all those that made money, including me!!!! LOL good night
I really boned my VXX play, got out way to early